2017 Chevrolet Bolt EV Starts at $37,500

Price drops to $30,000 after federal tax credits.

The 2017 Chevrolet Bolt will start at $37,500 when it heads to dealerships during the fourth quarter of this year. After federal tax credits, this price drops to $30,000. Depending on where buyers live, further state credits could apply.

At $37,500, the Bolt is more expensive than the plug-in hybrid Volt, which is priced at $33,995 before federal incentives.

The Bolt will make its official debut next week at the Detroit auto show, where Chevrolet is expected to divulge powertrain information. For now, we know it's expected to achieve a range of up to 200 miles on a single charge using battery packs from LG Chem. Charging should take 9 hours from a 240-volt charger.

Inside the cabin, the Bolt will offer a standard 10.2-inch center display screen and additional amenities like 4G LTE Wi-Fi and wireless charging for phones. Available safety features will include forward pedestrian, forward collision, side blind zone, and rear cross traffic alerts.

While few electric cars today can match the Bolt's promised range, it could receive plenty of competition in the future. Tesla aims to bring out a small sedan in the next few years, priced at around $35,000. The next-generation Nissan Leaf is also expected to boost range significantly to more than 200 miles.